Weakening: No support has been found for the greenback which extended its slide for the worst three-day run since May. — Reuters
SELL the dollar and put money into assets such as emerging-market stocks and gold as the world’s economic recovery gathers steam, money managers say.
A growing chorus of investors is betting the world’s reserve currency has reached a peak in a dramatic turnaround from a month ago when positioning in the greenback was the most bullish since 2015.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
